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QUESTION 22 Typically, if investors expect to stay in the house or will pay off the loan in the near future (say, in less than
QUESTION 22 Typically, if investors expect to stay in the house or will pay off the loan in the near future (say, in less than 5 years, should they pay the discount points in exchange for lower monthly payments? O A Yes, they should pay the discount points OB.No, they should not pay the discount points QUESTION 23 Which of the following is true regarding to the assumptions on Gordon growth model? O Dividends are assumed to grow at a constant rate forever. OB. The dividend growth rate is assumed to be greater than the required return on equity, O Both A and B of the above, OD. Neither Anor 8 of the above. QUESTION 24 The percentage of the total loan paid back immediately when a mortgage loan is obtained, which towers the annual interest rate on the debt is called A discount points. B. loan terms collateral D. down payment
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